Thursday, 29 August 2013

Why choose bookkeeping outsourcing for your business

Have you ever wondered how to save time and costs on your bookkeeping?

There are many possible ways. You could hire a professional bookkeeper. You could go to an accounting firm and let them take care of your monthly bookkeeping. Or you could find a simple bookkeeping software app and manage your bookkeeping yourself.

But with each of these, there are more cons than pros. If the objective is to save costs, hiring a bookkeeper defeats the objective. Usually accountants and professional bookkeepers charge a fortune. If you are a small business owner or a freelance individual, that kind of service might be hard to afford for you.

On the other hand, if you choose to do the accounts yourself with the help of some accounting app, the objective of saving time is lost. True, they might be slightly better than spreadsheets, but with software, you have updates, and other configuration problems. Also, if you are someone without much of an accounting background, you would also not be able to understand a lot of terms used in the accounting software. It would be frustrating to go to the support team for everything and consulting manuals. So now you have effectively spent more time and money than you would have liked. That’s the opposite of what you are trying to achieve!

So is there a way out if this?

With bookkeeping outsourcing, there definitely is!

There are many outsourcing companies in places like India, where you have professional bookkeepers and accountants working for you at very affordable rates. They are trained to manage books of accounts and are acquainted with a lot of software apps.  Because of the difference in currency, you get to save a lot. There is a win-win situation. They get paid and you spend less money and gain more time to focus on your more important administrative tasks.  

Try bookkeeping outsourcing today – you have nothing to lose.

Thursday, 8 August 2013

Are you worried that the bookkeeping costs are no longer manageable?


This is quite understandable if you are a small business owner or a self employed individual. Bookkeeping is simply not your thing. There are so many other things that warrant your attention and expertise, bookkeeping is sure to be last on the list.

There are of course certain business owners who effectively manage bookkeeping along with other tasks. They are perhaps exceptionally good with learning something new and committing to it or they have a lot more time than their peers.  Either way, you can be sure that the majority cannot manage their bookkeeping themselves without making a mess of it.

Hiring a local bookkeeper solves the problem but..
A bookkeeper comes like a welcome relief for someone who has been struggling with the task. All the pain is relived in an instant. The only problem is that the pain is back and more severe when you realize that bookkeeping costs are eating into your profits.

Here is a way to work around this
As unimaginable as it may seem, it is possible to get the expertise of a bookkeeper at a very affordable cost. This is through bookkeeping outsourcing. Do not be scared of the word. There a couple of credible BPOs that offer high quality bookkeeping services at rates that you will be happy with.

Such bookkeeping services will cost you less than half of hiring a bookkeeper in your city. Then there are additional advantages which include flexible hours. You pay only for the number if hours a bookkeeper works. This means you don’t have to pay salaries. Also during peak business season you can have the bookkeeper work longer hours without any hassle.

Bookkeeping outsourcing is definitely the way to affordable bookkeeping.

Tuesday, 6 August 2013

Tired of managing your accounts books yourself?

If you are a business owner, you are probably tired of managing your books of accounts yourself. There are several things that you would have to do as a business owner – you have to meet with your clients, stakeholders, work with your staff to get things done – and bookkeeping is at the end of that list. True, bookkeeping is not exactly the most interesting task in the world, but it is important to do this so that your books of accounts are in order and ready by the end of the year for tax season. Otherwise, you are going to have to pay a heavy price in terms of penalty. 

If you are thinking of alternatives to managing your books yourself, the first that probably occurs to you is to find an in-house bookkeeper. It would be great to hire someone else just for this as it is like a huge weight off your shoulder – but then you end up having to pay a fortune for the bookkeeper’s salary. Apart from his salary, there are other overhead costs such as office stationary, computer, software installation, hiring and training and so on. We are talking about a lot of money here. If you are okay with spending so much, you can go ahead, but honestly, is it worth all the trouble?

You could at least look at other alternatives, the best of all being, outsourcing. Yes. If you outsource your bookkeeping to professionals in countries like India, you get unbelievable rates. It is really a win-win situation because of the difference in currency rates. They are happy, you are happy. The only thing you need to wary of is data-security measures. Make sure they have taken efforts such as 24/7 surveillance, privacy policies with employee etc, to protect your data. Once you select the right outsourcing partner, bookkeeping is nothing to worry about. Your accounts would be updated and prepared while you sleep. Give bookkeeping outsourcing a try, you have nothing to lose.

Tuesday, 9 July 2013

Are you a small business owner looking for a bookkeeping solution?

Being a small business owner is not easy. Yes you do have the privilege of being your own boss and making the big decisions, but that does not mean life is all comfortable. In fact, it can be quite the opposite when you take on all responsibility at the work place. It is quite natural to find small business owners doing the job of two or more people. Basically, it is smart to do whatever jobs you can such that you don’t have to take another employee on board.

This makes complete sense except that work can tire the hell out of the business owner. Now this is also bearable. What is worse is, having to do a task that you are unfamiliar with.  Most business owners are in misery when it comes to doing their bookkeeping. Let’s face it. It is a mundane task and which takes a lot of time. The software for the task is not necessarily easy either. End result? There are bookkeeping backlogs which have to be cleared before the accounting tasks can commence.  This invariably costs the business owner more than what it would have cost to hire a bookkeeper.

Here is what they should do

Bookkeeping services are right now being offered by outsourcing companies. The service is as good as the ones provided by your local bookkeepers. The only difference is that you are outsourcing it. Now there is no need to be scared by the word ‘outsourcing’. More and more small business owners are turning towards these professional bookkeeping services offered by outsourcing firms. 

It is greatly cost effective and is the perfect solution to the bookkeeping problem.

Tuesday, 11 June 2013

Need a hand with your small business bookkeeping?

Are you drowning in this sea of your books of accounts with no one to save you?

Spending every sleepless night on invoicing and accounting?

Wondering if you will ever be able to get your old, accounting-free life back?

If you are a small business owner and you take care of your accounting requirements yourself, you are probably frustrated by the kind of time and efforts it demands of you. Especially if you are not acquainted with accounts all that well, this chore eats into your time like no other.

As a business owner, you are required to spend your time in more quality functions such as meeting with clients, investors and making important decisions that affect your business directly. Though accounting is an important part of your business, no doubt, it is something that may not be your expertise exactly. So, you really have to think about hiring a professional so you can get this off your hands.

However, accounting professionals these days cost a fortune. It may not be a cost-effective solution for a small business owner or a freelancer to hire a full-time accountant. So, here is a better, more practical option that is even tried and tested by many: outsourcing overseas.

When you outsource your accounting tasks to firms in countries such as India, there is a mutual benefit – because of the difference in currency, you can get your tasks done at an affordable rate and they are good at what they do. You have to watch who you outsource to, as one has to admit that this lucrative business also attracts some inefficient people. But that does not mean that you cannot turn to off-shoring. Several businesses have benefited from this option, when they found the right outsourcing partner.

By outsourcing your small business bookkeeping requirements to the right people such as Integra Global Solutions, you can heave a sigh of relief and turn to other important business tasks while your books are regularly updated by your trusted virtual assistants from the firm. Check out how you can make use of this service – you have nothing to lose.

Tuesday, 5 February 2013

Professional bookkeeping services at affordable rates

If you are struggling with your business bookkeeping, it is perhaps because you are a business owner trying to do too many things at once. There are several things that a business owner is responsible for – such as meeting with the clients, staff, and investors and so on. Amidst all this if they have to also do secondary business activities such as accounting and bookkeeping, call answering etc, it could be way too much for them to handle. If you are in the same situation, here is an easy way out- something that you can think about. 

Outsourcing professional bookkeeping services 

There are several outsourcing firms in places like India and China and you can outsource your bookkeeping activities to them. These are places where you can get your bookkeeping done for more affordable rates. That is because of the differences in currency. Also, because of the difference in time, you will be able to get things done sooner than before. Outsourcing has many benefits – one of the biggest thus being cost savings. 

The only thing you should beware of, however, is data security. Measures such as 24/7 surveillance, privacy policies with employees, 128-bit encryption etc have to be in place. Choose a reliable outsourcing firm such as Integra Global Solutions, so that you can be confident that your data are secure. They follow strict security measures and have been in the industry for quite long. Their primary services include outsourced accounting, virtual assistants, professional bookkeeping services, and customer support and so on. 

One thing that business owners should remember is that, when they outsource business functions, they do not also outsource the power they hold. They are still the boss. The outsourcing professionals are there to help ease their troubles, not cause more. So they do not have to fear anybody misusing their data, since those areas are covered under the terms and conditions governing the contract between them and the firm. Confidently outsourcing your bookkeeping to the right firm – and that would turn out to be one of the best business decisions you have ever made.

Sunday, 3 February 2013

Do you need a hand with your bookkeeping?

Every small business owner could use a hand with bookkeeping. This is because, unlike bigger business owners, they do these tasks themselves.  Any person aspiring to start his/her own business is always told to hire very little and do whatever they can by themselves. This includes bookkeeping.

It is not rocket science and fairly simple when you get a hang of it. It is also true that several business owners are able to successfully do their own bookkeeping. But if you look at the majority; there are more people struggling with it.

There are several reasons for this. The most popular one being lack of time. It is not a difficult task as such, but to be efficient at it takes practice. Business owners don’t have the time or the patience to practice and perfect this. Bookkeeping cannot afford to be anything short of accurate, so overall investing a great deal of time into bookkeeping doesn’t seem like a worthwhile task. 

Hiring a bookkeeper is not a practical option for many given that their rates are not affordable. That said business owners could always use a hand with bookkeeping.

There is a cost effective way to get bookkeeping done
It is possible through online bookkeeping services. An online bookkeeper is as good as the one you would get locally. The greatest advantage is the cost. You will only have to pay for the bookkeeper’s time and nothing else. This means there are no costs in terms of salaries, bonuses and infrastructure. There are countless business owners who have benefited from this. It is indeed the best way to get your bookkeeping done!